Little Rock USDA Loan Rates, Closing Costs & Stats

LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR

USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

Little Rock's 46 lenders originated 213 USDA loans during 2024. The total origination value was $41,755,000, with an average USDA loan value of $196,033.

Little Rock USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Little Rock averaged 6.52% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

Little Rock's average USDA mortgage closing costs are $4,595.

The average rate for the prior week (2025-03-28) was 6.68% and one month ago for the week of 2025-02-28, the average rate was 6.53%.

The average rate one year ago was 6.89%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.28%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Little Rock USDA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Little Rock level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 20 6.48% $5,864
Eagle Bank and Trust Company 15 6.18% $17,228
First Security Bank 7 5.77% $4,317
Chambers Bank 6 6.19% $5,985
Bank of England 6 6.27% $5,259
T2 FINANCIAL LLC 5 6.45% $6,995
EUSTIS AND AMERICAN MORTGAGE COMPANY 5 6.23% $7,524
First Community Bank 5 5.88% $7,051
First Horizon Bank 5 6.05% $5,714
UNITED WHOLESALE MORTGAGE, LLC 5 6.12% $5,386
PILGRIM MORTGAGE LLC 4 6.47% $6,499
Centennial Bank 4 6.28% $6,469
American Mortgage & Equity Consultants, Inc. 4 6.81% $7,217
Sierra Pacific Mortgage Company, Inc. 3 6.54% $6,616
BANK OF LITTLE ROCK MORTGAGE CORPORATION 3 6.04% $6,685
COMMUNITY MORTGAGE CORPORATION 3 6.25% $5,771
CORNERSTONE HOME LENDING, INC. 3 5.83% $9,683
ENCORE BANK 3 6.71% $5,072
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.46% $6,152
First Financial Bank 3 5.83% $6,049
MORTGAGE FINANCIAL SERVICES, LLC 3 7.00% $7,243
NFM, INC. 3 6.71% $8,252
SENTE MORTGAGE, INC. 3 6.37% $5,846
Simmons Bank 3 6.13% $5,395
HOMESIDE FINANCIAL, LLC 2 6.25% $5,076
GMFS LLC 2 5.88% $5,451
GUARANTEED RATE, INC. 2 6.35% $10,556
FIRST COMMUNITY MORTGAGE, INC. 2 6.25% $5,437
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.63% $6,732
Arvest Bank 2 6.50% $6,124
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.69% $7,183
GERSHMAN INVESTMENT CORP. 2 6.56% $4,270
Residential Acceptance Corporation 1 7.00% $5,780
TIB The Independent Bankersbank 1 6.75% $5,611
AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $4,073
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $1,704
CMG MORTGAGE, INC. 1 6.38% $7,928
Chickasaw Community Bank 1 5.25% $5,727
Century Mortgage Company DBA Century Lending Company 1 6.50% $8,087
MICHIGAN MUTUAL, INC. 1 5.75% $4,398
SWBC MORTGAGE CORPORATION 1 6.63% $7,939
MORTGAGE INVESTORS GROUP, INC. 1 5.50% $10,048
Mortgage Research Center, LLC 1 6.75% $1,437
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.63% $7,250
Nations Lending Corporation 1 6.13% $2,201
Armed Forces Bank 1 6.13% $4,684

The top Little Rock USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 20 USDA loans originated. Their average total fees are $5,864, which is $11,363 lower than the next largest lender, Eagle Bank and Trust Company.

The lowest fee Little Rock USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($5,864), Eagle Bank and Trust Company ($17,228), .

The lowest rate Little Rock USDA lenders (with over 10 loans originated) are Eagle Bank and Trust Company (6.18%), FLAT BRANCH MORTGAGE, INC. (6.48%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Little Rock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $175,450 (9.7%) $244,331 (12.8%) 0.65 3,008
2018-02-01 $179,900 (11.5%) $245,904 (12.3%) 0.65 2,995
2018-03-01 $181,700 (7.7%) $244,910 (9.0%) 0.64 3,030
2018-04-01 $186,000 (10.1%) $250,433 (10.7%) 0.63 3,070
2018-05-01 $189,500 (11.5%) $257,160 (11.5%) 0.63 3,231
2018-06-01 $189,900 (10.1%) $258,132 (9.6%) 0.63 3,319
2018-07-01 $189,700 (8.5%) $254,723 (7.6%) 0.63 3,423
2018-08-01 $189,900 (9.0%) $251,638 (6.7%) 0.64 3,470
2018-09-01 $189,000 (8.1%) $251,963 (6.9%) 0.64 3,531
2018-10-01 $189,900 (9.1%) $251,671 (7.2%) 0.64 3,643
2018-11-01 $189,650 (8.7%) $251,164 (6.4%) 0.64 3,468
2018-12-01 $188,800 (8.0%) $250,193 (4.1%) 0.65 3,354
2019-01-01 $185,000 (5.4%) $248,244 (1.6%) 0.64 3,215
2019-02-01 $188,000 (4.5%) $251,454 (2.3%) 0.64 3,136
2019-03-01 $194,186 (6.9%) $258,802 (5.7%) 0.64 3,091
2019-04-01 $199,925 (7.5%) $267,098 (6.7%) 0.63 3,061
2019-05-01 $202,250 (6.7%) $272,629 (6.0%) 0.63 3,053
2019-06-01 $205,000 (8.0%) $275,660 (6.8%) 0.64 3,048
2019-07-01 $206,200 (8.7%) $276,153 (8.4%) 0.65 2,993
2019-08-01 $207,882 (9.5%) $278,099 (10.5%) 0.66 2,952
2019-09-01 $208,455 (10.3%) $277,606 (10.2%) 0.67 2,891
2019-10-01 $209,400 (10.3%) $277,420 (10.2%) 0.68 2,841
2019-11-01 $205,000 (8.1%) $274,018 (9.1%) 0.67 2,764
2019-12-01 $204,050 (8.1%) $276,534 (10.5%) 0.68 2,604
2020-01-01 $200,800 (8.5%) $276,590 (11.4%) 0.67 2,410
2020-02-01 $210,000 (11.7%) $281,136 (11.8%) 0.69 2,318
2020-03-01 $219,750 (13.2%) $285,053 (10.1%) 0.69 2,311
2020-04-01 $219,375 (9.7%) $283,611 (6.2%) 0.69 2,280
2020-05-01 $232,950 (15.2%) $295,003 (8.2%) 0.71 2,021
2020-06-01 $239,450 (16.8%) $304,680 (10.5%) 0.71 1,858
2020-07-01 $244,000 (18.3%) $311,652 (12.9%) 0.71 1,758
2020-08-01 $245,000 (17.9%) $319,702 (15.0%) 0.70 1,615
2020-09-01 $240,575 (15.4%) $320,572 (15.5%) 0.69 1,483
2020-10-01 $244,500 (16.8%) $329,144 (18.6%) 0.70 1,425
2020-11-01 $240,825 (17.5%) $329,422 (20.2%) 0.70 1,338
2020-12-01 $239,450 (17.4%) $330,942 (19.7%) 0.71 1,209
2021-01-01 $230,000 (14.5%) $331,857 (20.0%) 0.69 994
2021-02-01 $244,950 (16.6%) $335,257 (19.3%) 0.71 849
2021-03-01 $250,500 (14.0%) $341,285 (19.7%) 0.71 794
2021-04-01 $248,950 (13.5%) $342,620 (20.8%) 0.67 764
2021-05-01 $239,000 (2.6%) $334,487 (13.4%) 0.63 746
2021-06-01 $235,000 (-1.9%) $330,199 (8.4%) 0.62 819
2021-07-01 $245,000 (0.4%) $332,199 (6.6%) 0.65 989
2021-08-01 $249,450 (1.8%) $332,586 (4.0%) 0.67 1,081
2021-09-01 $249,450 (3.7%) $330,521 (3.1%) 0.67 1,089
2021-10-01 $249,000 (1.8%) $327,830 (-0.4%) 0.66 1,001
2021-11-01 $232,950 (-3.3%) $314,662 (-4.5%) 0.62 973
2021-12-01 $236,725 (-1.1%) $318,918 (-3.6%) 0.64 869
2022-01-01 $238,900 (3.9%) $317,773 (-4.2%) 0.65 773
2022-02-01 $241,925 (-1.2%) $334,272 (-0.3%) 0.63 668
2022-03-01 $251,575 (0.4%) $363,892 (6.6%) 0.63 692
2022-04-01 $285,000 (14.5%) $371,117 (8.3%) 0.68 713
2022-05-01 $289,900 (21.3%) $370,117 (10.7%) 0.66 834
2022-06-01 $289,598 (23.2%) $368,833 (11.7%) 0.65 941
2022-07-01 $280,000 (14.3%) $358,019 (7.8%) 0.63 1,154
2022-08-01 $278,600 (11.7%) $349,686 (5.1%) 0.64 1,263
2022-09-01 $284,700 (14.1%) $348,957 (5.6%) 0.67 1,251
2022-10-01 $296,000 (18.9%) $355,164 (8.3%) 0.70 1,308
2022-11-01 $289,950 (24.5%) $343,572 (9.2%) 0.70 1,452
2022-12-01 $299,900 (26.7%) $347,701 (9.0%) 0.74 1,343
2023-01-01 $300,000 (25.6%) $348,170 (9.6%) 0.74 1,229
2023-02-01 $303,745 (25.6%) $350,697 (4.9%) 0.73 1,132
2023-03-01 $303,475 (20.6%) $352,010 (-3.3%) 0.72 1,122
2023-04-01 $315,000 (10.5%) $358,629 (-3.4%) 0.73 1,118
2023-05-01 $312,950 (8.0%) $366,264 (-1.0%) 0.71 1,171
2023-06-01 $321,500 (11.0%) $377,181 (2.3%) 0.72 1,236
2023-07-01 $325,000 (16.1%) $386,719 (8.0%) 0.74 1,287
2023-08-01 $320,450 (15.0%) $381,768 (9.2%) 0.74 1,320
2023-09-01 $319,900 (12.4%) $367,463 (5.3%) 0.74 1,490
2023-10-01 $295,000 (-0.3%) $352,688 (-0.7%) 0.69 1,682
2023-11-01 $299,450 (3.3%) $360,011 (4.8%) 0.71 1,748
2023-12-01 $299,900 (0.0%) $356,070 (2.4%) 0.73 1,757
2024-01-01 $296,000 (-1.3%) $350,869 (0.8%) 0.72 1,670
2024-02-01 $299,450 (-1.4%) $353,066 (0.7%) 0.72 1,641
2024-03-01 $309,900 (2.1%) $361,513 (2.7%) 0.73 1,632
2024-04-01 $315,000 (0.0%) $372,747 (3.9%) 0.73 1,653
2024-05-01 $304,000 (-2.9%) $367,964 (0.5%) 0.69 1,812
2024-06-01 $298,200 (-7.3%) $362,010 (-4.0%) 0.68 2,013
2024-07-01 $296,500 (-8.8%) $364,066 (-5.9%) 0.68 2,218
2024-08-01 $290,000 (-9.5%) $360,886 (-5.5%) 0.67 2,361
2024-09-01 $291,000 (-9.0%) $356,316 (-3.0%) 0.68 2,463
2024-10-01 $289,000 (-2.0%) $354,101 (0.4%) 0.68 2,462
2024-11-01 $285,000 (-4.8%) $352,267 (-2.2%) 0.68 2,497
2024-12-01 $287,000 (-4.3%) $347,532 (-2.4%) 0.71 2,392
2025-01-01 $283,725 (-4.2%) $344,921 (-1.7%) 0.71 2,263
2025-02-01 $285,000 (-4.8%) $351,725 (-0.4%) 0.69 2,328
2025-03-01 $289,500 (-6.6%) $354,725 (-1.9%) 0.00 2,376
Little Rock's median listing price for 2025-03-01 was $289,500, a difference of $-20,400 (-6.6%) versus the prior year and $4,500 versus the prior month.

Little Rock's median listing price comes in at 0% of the national average.

Little Rock's average listing price for 2025-03-01 was $354,725, a difference of $-6,788 (-1.9%) versus the prior year and $3,000 versus the prior month.

For the 2025-03-01 period, Little Rock had 2,376 MLS listings, a difference of 48 listings (2%) versus the prior month and 744 listings (46%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Little Rock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 77 days 1,909 sqft
2018-02-01 66 days 1,910 sqft
2018-03-01 55 days 1,928 sqft
2018-04-01 55 days 1,940 sqft
2018-05-01 52 days 1,952 sqft
2018-06-01 53 days 1,961 sqft
2018-07-01 55 days 1,956 sqft
2018-08-01 57 days 1,955 sqft
2018-09-01 60 days 1,937 sqft
2018-10-01 64 days 1,942 sqft
2018-11-01 66 days 1,924 sqft
2018-12-01 74 days 1,902 sqft
2019-01-01 72 days 1,898 sqft
2019-02-01 63 days 1,899 sqft
2019-03-01 55 days 1,944 sqft
2019-04-01 55 days 1,998 sqft
2019-05-01 53 days 2,010 sqft
2019-06-01 58 days 2,021 sqft
2019-07-01 59 days 2,035 sqft
2019-08-01 60 days 2,045 sqft
2019-09-01 63 days 2,036 sqft
2019-10-01 63 days 2,034 sqft
2019-11-01 65 days 2,025 sqft
2019-12-01 71 days 2,023 sqft
2020-01-01 68 days 2,000 sqft
2020-02-01 55 days 2,050 sqft
2020-03-01 52 days 2,091 sqft
2020-04-01 56 days 2,073 sqft
2020-05-01 62 days 2,146 sqft
2020-06-01 52 days 2,148 sqft
2020-07-01 46 days 2,146 sqft
2020-08-01 43 days 2,150 sqft
2020-09-01 44 days 2,142 sqft
2020-10-01 44 days 2,129 sqft
2020-11-01 46 days 2,123 sqft
2020-12-01 52 days 2,081 sqft
2021-01-01 56 days 2,045 sqft
2021-02-01 45 days 2,062 sqft
2021-03-01 40 days 2,039 sqft
2021-04-01 31 days 1,973 sqft
2021-05-01 25 days 1,928 sqft
2021-06-01 24 days 1,899 sqft
2021-07-01 24 days 1,978 sqft
2021-08-01 32 days 1,976 sqft
2021-09-01 38 days 1,978 sqft
2021-10-01 40 days 1,949 sqft
2021-11-01 37 days 1,911 sqft
2021-12-01 45 days 1,941 sqft
2022-01-01 47 days 1,969 sqft
2022-02-01 36 days 1,929 sqft
2022-03-01 30 days 1,926 sqft
2022-04-01 25 days 2,032 sqft
2022-05-01 26 days 2,037 sqft
2022-06-01 29 days 2,066 sqft
2022-07-01 29 days 1,996 sqft
2022-08-01 34 days 2,020 sqft
2022-09-01 39 days 2,050 sqft
2022-10-01 38 days 2,084 sqft
2022-11-01 40 days 2,041 sqft
2022-12-01 51 days 2,058 sqft
2023-01-01 52 days 2,023 sqft
2023-02-01 48 days 2,008 sqft
2023-03-01 46 days 1,993 sqft
2023-04-01 40 days 2,023 sqft
2023-05-01 37 days 2,088 sqft
2023-06-01 39 days 2,117 sqft
2023-07-01 39 days 2,146 sqft
2023-08-01 40 days 2,121 sqft
2023-09-01 38 days 2,104 sqft
2023-10-01 43 days 1,975 sqft
2023-11-01 46 days 2,000 sqft
2023-12-01 56 days 1,991 sqft
2024-01-01 54 days 1,956 sqft
2024-02-01 52 days 1,952 sqft
2024-03-01 45 days 1,991 sqft
2024-04-01 45 days 2,035 sqft
2024-05-01 41 days 2,025 sqft
2024-06-01 44 days 1,968 sqft
2024-07-01 45 days 1,945 sqft
2024-08-01 46 days 1,925 sqft
2024-09-01 50 days 1,920 sqft
2024-10-01 54 days 1,904 sqft
2024-11-01 57 days 1,904 sqft
2024-12-01 61 days 1,910 sqft
2025-01-01 60 days 1,889 sqft
2025-02-01 52 days 1,885 sqft
2025-03-01 0 days 1,878 sqft
Little Rock's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Little Rock's median square footage for active listings during the 2025-03-01 period was 1,878 sqft. One year prior, the average listing was 1,991 sqft.